Examines the tax implications of employer-funded education, covering employer deductions and employee taxation. Includes analysis of key judicial precedents and practical advice.
The ITAT Jaipur ruled that cash deposits explained by recorded sales cannot be added solely on an uncorroborated survey statement, upholding assessee’s appeal.
Following anti-corruption protests, Ms. Karki becomes Nepal’s first female interim prime minister. Her new cabinet includes Finance Minister Rameshore Khanal.
Explore the different types of assessments under the Income Tax Act, 1961, including self-assessment, regular assessment, and best judgment assessment for taxpayers in India.
An ROC Hyderabad order imposes a penalty on Chiraharit Limited and its directors for violating Section 42(6) of the Companies Act, 2013, by not opening a separate bank account for a preferential issue.
The Registrar of Companies, Mumbai, has issued a penalty against Maxwell Life Science and its directors for failing to include mandatory disclosures in their Board Report for FY 2021-22.
The Ministry of Finance issues FAQs clarifying new GST rates on medicines, drones, bricks, and insurance. Learn about changes to hotel services, job work, and e-commerce.
The PFRDA introduces a Multiple Scheme Framework for NPS, allowing private sector subscribers to hold multiple pension schemes and diversify their retirement investments.
ROC Goa fined SKEXXA Technology Pvt Ltd and its directors ₹50,000 each for not maintaining a registered office as required under Section 12 of the Companies Act.
Supreme Court held that since the claim was filed, verified and informed to the Successful Resolution Applicant, the claim squarely falls within Clause 18.4(ii) read with Clause 18.4(vi)(a) of the Resolution Plan. Accordingly, possession of residential apartment is directed. Accordingly, appeal allowed.